Last year several thousand companies of small and medium business segment (SME) moved their business to First Ukrainian International Bank (FUIB). Affordable finance programs, loyal terms of payment and cash servicing and beneficial deposit terms are key advantages of FUIB for business.

Elena Rudik, the Head of the SME Department of FUIB: “In difficult economic conditions retention and augmentation of temporarily surplus funds become the most crucial tasks for enterprises. We build partner relationship with our clients and therefore, they have access to the most beneficial and effective fund management tools. At the same time we care about high reliability of deposits, which was confirmed by the NBU stress testing. As a result, in 2014 the number of SME clients that took advantage of FUIB offers for growing their temporarily surplus funds increased by almost 9%”.

The most popular product is “Income Account”, enabling to earn 8-9% p.a. depending on the balance of account of a client. At that, there are no limits for business activity. If payment account balances often change, the companies choose the service  “Accrual to stable balance" that allows the client to earn up to 16% on a stable balance and up to 5% on the funds on the current account exceeding the stable balance. The placing period can be as short as one night, weekend or any other tenor.

For saving of temporarily surplus funds FUIB offers the deposit “Flexible” working by a deposit line principle: the funds can be placed in tranches with different maturities depending on client needs and intentions to use the funds. This allows getting income at the level of a standard deposit – up to 19.5% per annum.

FUIB has recently become one of TOP 10 banks in the Rating of viability by the reputable magazine “Forbes”. FUIB was also one of the few Ukrainian banks that in 2014 passed successfully the stress-testing made by the National Bank of Ukraine.